eVTOL Aircraft Market
eVTOL Aircraft Market By Product Type (Fully Electric, Hybrid), By Lift Technology (Vectored Thrust, Multirotor & Rotorcraft, Lift Plus Cruise) and, By Region- Global Market Report (2024 to 2034)
Analysis of eVTOL Aircraft Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
eVTOL Aircraft Market Outlook (2024 to 2034)
The global eVTOL aircraft market is expected to be worth US$ 422.2 million in 2024. It is projected to expand at a CAGR of 21.5%. A valuation of US$ 2,959.9 million is expected by 2034 for eVTOL aircraft sales.
The eVTOL aircraft market is experiencing rapid growth driven by electric propulsion and autonomous technology advancements. These innovative aircraft, designed for vertical takeoff and landing, aim to revolutionize urban mobility and air transportation.
With the potential to alleviate traffic congestion and reduce carbon emissions, eVTOLs have garnered significant attention from established aerospace companies and startups. The market is characterized by intense competition and collaborations between traditional aviation players and tech-driven startups.
Regulatory challenges, infrastructure development, and public acceptance remain key factors influencing the market's trajectory. As technology matures and regulatory frameworks evolve, the eVTOL market is poised to reshape the future of urban air mobility.
Key Market Growth Drivers
- The demand for innovative urban transportation solutions to alleviate traffic congestion fuels interest in eVTOLs for short-distance commuting.
- Growing concerns about climate change and the need for eco-friendly transportation solutions propel the adoption of electric-powered aircraft in the eVTOL market.
- The integration of autonomous flight technology enhances safety and operational efficiency, attracting investments and interest from tech companies and aviation stakeholders.
- Intense competition among aerospace giants and startups fuels innovation and accelerates the development of diverse eVTOL models.
- Investments in infrastructure, including vertiports and charging stations, are crucial for the successful deployment and operation of eVTOL fleets.
The evolving trend emphasizes technological advancements, such as battery efficiency and autonomy improvements, making these aircraft more viable and appealing. A shifting focus toward eco-friendly transportation solutions amplifies the demand for eVTOLs, aligning with global efforts to reduce carbon emissions.
As regulatory frameworks adapt to accommodate these aerial vehicles and infrastructure developments progress, the eVTOL market is poised for sustained growth, reshaping the future of urban air mobility and revolutionizing how people commute within cities.
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2024E) | US$ 422.2 million |
| Forecasted Market Value (2034F) | US$ 2,959.9 million |
| Global Market Growth Rate (2024 to 2034) | 21.5% CAGR |
| Fully Electric Segment Growth Rate (2024 to 2034) | 22.1% CAGR |
| Multirotor & Rotorcraft Segment Growth Rate (2024 to 2034) | 21.9% CAGR |
| North America Market Share (2024) | 27.6% |
| East Asia Market Share (2024) | 31.2% |
| Key Companies Profiled | Lilium GmbH; Workhorse; OXIS Energy Ltd; Uber Technologies Inc; Bell Textron Inc; Karem Aircraft, Inc; Volocopter GmbH; TERRAFUGIA; Aurora Flight Sciences; Airbus S.A.S |
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What Drives the eVTOL Aircraft Market?
“Urban Mobility Demands Drive the Market”
The surge in urban population and the resulting congestion in cities have intensified the demand for innovative urban transportation solutions. Traditional modes of transport struggle to keep pace with the burgeoning population, leading to increased traffic congestion and longer commute times.
eVTOLs offer a transformative solution by providing vertical takeoff and landing capabilities, allowing for point-to-point travel without the constraints of traditional road infrastructure.
The ability to navigate urban landscapes swiftly and directly addresses the pressing need for more efficient transportation in densely populated areas, making eVTOLs a promising solution for alleviating urban congestion.
“Environmental Sustainability Fuels the Market Growth”
Growing awareness of environmental issues and the imperative for sustainable transportation solutions have become pivotal factors driving the adoption of eVTOLs.
With electric propulsion systems, eVTOL aircraft produce zero emissions at the point of operation, presenting a cleaner alternative to traditional fossil fuel-powered modes of transportation.
This aligns with global efforts to mitigate climate change and reduce the carbon footprint of transportation. The commitment to environmental sustainability is a regulatory requirement and a key consideration for businesses and consumers alike. The eVTOL's eco-friendly profile positions it as a significant contributor to the broader transition toward sustainable and low-impact modes of transportation.
What Hinders the Expansion of the eVTOL Aircraft Market?
“Regulatory Hurdles Impedes the Market Growth”
The regulatory landscape for eVTOLs is undergoing continuous development as aviation authorities strive to define safety standards and operational guidelines. Integrating these innovative aircraft into existing airspace requires addressing many concerns, such as air traffic management, certification processes, and emergency procedures.
The challenge lies in harmonizing regulations globally to facilitate consistent and safe eVTOL operations. Industry stakeholders face the complex task of navigating evolving regulatory frameworks, necessitating collaboration between government bodies and the aviation sector to establish a robust regulatory environment that ensures both safety and the unhindered growth of the eVTOL market.
“Infrastructure Development Hinders the Market from Growing”
The successful integration of eVTOLs into urban transportation systems hinges on developing specialized infrastructure. Vertiports, akin to helipads but adapted for eVTOLs, are crucial for takeoff and landing.
Establishing a charging station network is vital to supporting the energy needs of these electric-powered aircraft. The challenge lies not only in constructing these facilities but also in strategically placing them within urban areas.
Insufficient infrastructure poses a bottleneck to the scalability of eVTOL operations, emphasizing the need for coordinated efforts between industry players, urban planners, and local authorities to develop a robust and accessible infrastructure network that can accommodate the unique requirements of eVTOL aircraft.
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What Strategies Can Start-ups Employ to Capitalize on eVTOL Aircraft Opportunities?
“Strategic Collaboration and Alliances Employed to Capitalize Market Opportunities”
eVTOL aircraft sector startups can leverage strategic collaborations and alliances to capitalize on emerging opportunities. Forming partnerships with established aerospace companies, technology providers, or urban planning organizations allows start-ups to pool resources, share expertise, and access crucial networks.
These collaborations can expedite development, enhance technological capabilities, and provide valuable insights into market demands. By forging strategic alliances, start-ups can navigate the complexities of the eVTOL landscape more effectively, gaining a competitive edge and positioning themselves for success in this rapidly evolving market.
Country-wise Insights
North America's eVTOL aircraft market is poised for exceptional growth, projecting a CAGR of 21.3% through 2034. The notable increase is primarily driven by a rise in market demand in key countries, particularly in the United States and Canada. In 2024, Canada dominated the industry with an estimated 9.5% market share.
Demand for eVTOL aircraft in East Asia is anticipated to exhibit substantial progress, aiming for a 22.4% CAGR in 2024. In East Asia, China is emerging as the key player in the industry, commanding a significant share of 81.7% in 2024.
Why is Canada Emerging as a Significant Player in the Market?
“Aerospace Expertise and Supportive Regulations Act as a Significant Player in Canada Market”
| Attribute | Canada |
|---|---|
| Market Value (2024) | US$ 11.1 million |
| Growth Rate (2024 to 2034) | 21.6% CAGR |
| Projected Value (2034) | US$ 78.2 million |
Canada is emerging as a significant player in the eVTOL market due to its robust aerospace industry and a supportive regulatory environment. The country boasts a well-established aerospace sector with expertise in aircraft manufacturing and avionics.
Canada's commitment to innovation and sustainability aligns with the goals of the eVTOL industry. The regulatory framework in Canada is evolving to accommodate these innovative aircraft, providing a conducive environment for testing, development, and commercial deployment. This favorable combination of industry expertise and regulatory support positions Canada as a key hub for eVTOL development and deployment.
What Thrives the China eVTOL Aircraft to Grow?
“Ambitious Urbanization Plans and Efficient Transportation Solutions Thrives the Market”
| Attribute | China |
|---|---|
| Market Value (2024) | US$ 107.7 million |
| Growth Rate (2024 to 2034) | 22.2% CAGR |
| Projected Value (2034) | US$ 802.1 million |
The rapid growth of eVTOL aircraft in China is driven by the country's ambitious urbanization plans, burgeoning urban population, and the need for efficient urban transportation solutions.
Despite China facing significant challenges related to traffic congestion and environmental concerns in its rapidly growing cities, eVTOLs offer a potential solution by providing a mode of transportation that can navigate urban landscapes with greater efficiency and reduced environmental impact.
China's proactive approach to embracing emerging technologies and fostering innovation further propels the growth of eVTOL aircraft, making it a key player in the global urban air mobility landscape.
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Category-wise Insights
By product type, the fully electric segment is estimated to hold a 60.3% market share in 2024. Lift technology, multirotors, and rotorcraft are anticipated to hold a market share of 33.8% in 2024.
How is the Increasing Adoption of Fully Electric Segment Impacting Growth?
“Fully Electric eVTOLs Addressing Environmental Concerns”
| Attribute | Fully Electric |
|---|---|
| Market Value (2024) | US$ 254.6 million |
| Growth Rate (2024 to 2034) | 22.1% CAGR |
| Projected Value (2034) | US$ 1,876.6 million |
The rising adoption of fully electric eVTOLs significantly impacts the market's growth by addressing environmental concerns and enhancing operational efficiency. Fully electric eVTOLs, powered by electric propulsion systems, contribute to reducing carbon emissions and offer a cleaner and more sustainable alternative to traditional fossil fuel-powered aircraft.
This shift aligns with global efforts to achieve eco-friendly transportation, driving demand for fully electric eVTOLs and positioning them as key contributors to the industry's expansion.
What Drives the Steady Expansion of the Multirotor & Rotorcraft Segment?
“Multirotor and Rotorcraft Versatility for Diverse Applications”
| Attribute | Multirotor & Rotorcraft |
|---|---|
| Market Value (2024) | US$ 142.7 million |
| Growth Rate (2024 to 2034) | 21.9% CAGR |
| Projected Value (2034) | US$ 1,033 million |
The multirotor and rotorcraft segment's steady expansion is driven by its versatility and suitability for various applications. These aircraft configurations offer enhanced manoeuvrability, making them well-suited for urban air mobility, emergency services, and specialized missions.
Their ability to take off and land vertically, navigate congested urban environments, and provide efficient point-to-point transportation contributes to their increasing adoption. The multirotor and rotorcraft segment's flexibility in addressing diverse market needs propels its expansion as it finds applications across a wide range of industries and operational scenarios.
Competitive Landscape
The competitive landscape of the eVTOL aircraft market is dynamic, featuring established aerospace companies and nimble startups vying for market share. Intense competition fosters innovation, driving the development of diverse eVTOL models.
Collaborations between traditional aviation players and tech-driven startups are commonplace, reflecting the convergence of expertise. Regulatory compliance, infrastructure investments, and public acceptance are pivotal in determining market success.
As the industry matures, strategic partnerships and technological differentiation will be crucial for companies seeking to navigate the evolving landscape and secure a prominent position in the burgeoning eVTOL market.
Some recent developments of the eVTOL Aircraft Market :
- In December 2022, AIR marked a significant milestone as its flagship e-VTOL, AIR ONE, completed its inaugural full transition flight.
- In December 2022, Volare inked an agreement to integrate up to 20 Lilium Jet eVTOL aircraft into its UK fleet, signaling a strategic move to enhance its aviation services. Top of Form
Segmentation of eVTOL Aircraft Market Research
-
By Product Type:
- Fully Electric
- Hybrid
-
By Lift Technology:
- Vectored Thrust
- Multirotor & Rotorcraft
- Lift Plus Cruise
-
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
- 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
- 5.1. Fully Electric
- 5.2. Hybrid
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Lift Technology
- 6.1. Vectored Thrust
- 6.2. Multirotor & Rotorcraft
- 6.3. Lift Plus Cruise
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Western Europe
- 7.4. Eastern Europe
- 7.5. South Asia and Pacific
- 7.6. East Asia
- 7.7. Middle East and Africa
- 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 15. Key Countries Market Analysis
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Lilium GmbH
- 17.2. Workhorse
- 17.3. OXIS Energy Ltd
- 17.4. Uber Technologies Inc
- 17.5. Bell Textron Inc
- 17.6. Karem Aircraft, Inc
- 17.7. Volocopter GmbH
- 17.8. TERRAFUGIA
- 17.9. Aurora Flight Sciences
- 17.10. Airbus S.A.S
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 10: North America Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 12: North America Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 16: Latin America Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 18: Latin America Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 22: Western Europe Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 24: Western Europe Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 30: Eastern Europe Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 40: East Asia Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 42: East Asia Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Lift Technology, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Units) Forecast by Lift Technology, 2019 to 2034
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List Of Figures
Figure 1: Global Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 9: Global Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 13: Global Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 16: Global Market Attractiveness by Product Type, 2024 to 2034
Figure 17: Global Market Attractiveness by Lift Technology, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 27: North America Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 31: North America Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 34: North America Market Attractiveness by Product Type, 2024 to 2034
Figure 35: North America Market Attractiveness by Lift Technology, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 49: Latin America Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Product Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Lift Technology, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 67: Western Europe Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Lift Technology, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Lift Technology, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Product Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Lift Technology, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 117: East Asia Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 121: East Asia Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Product Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Lift Technology, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Lift Technology, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Lift Technology, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Lift Technology, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Lift Technology, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Lift Technology, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Product Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Lift Technology, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
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- FAQs -
What was the value of the eVTOL aircraft market in 2019?
The global market for eVTOL aircraft was worth US$ 136.6 million in 2019.
What is the sales outlook for the eVTOL aircraft market in 2024?
The eVTOL aircraft market is likely to be valued at US$ 422.2 million in 2024.
What will be the anticipated value of the eVTOL aircraft market in 2034?
By 2034, sales of eVTOL aircraft are slated to total US$ 2,959.9 million.
What is the projected forecast CAGR for the market from 2024 to 2034?
The market is anticipated to expand at a CAGR of 21.5% from 2024 to 2034.
At what rate is the market in China predicted to grow?
The market in China is forecasted to expand at a CAGR of 22.2% through 2034.
eVTOL Aircraft Market